What Smart Money Thinks of Kohl’s Corporation (KSS)?

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Now, specific money managers have jumped into Kohl’s Corporation (NYSE:KSS) headfirst. Samlyn Capital, managed by Robert Pohly, established the biggest position in Kohl’s Corporation (NYSE:KSS). Samlyn Capital had $25.3 million invested in the company at the end of the quarter. Jim Simons’s Renaissance Technologies also made a $16.7 million investment in the stock during the quarter. The other funds with brand new KSS positions are Phill Gross and Robert Atchinson’s Adage Capital Management, Ken Griffin’s Citadel Investment Group, and George Hall’s Clinton Group.

Let’s now review hedge fund activity in other stocks – not necessarily in the same industry as Kohl’s Corporation (NYSE:KSS) but similarly valued. We will take a look at Oaktree Capital Group LLC (NYSE:OAK), NVR, Inc. (NYSE:NVR), Apartment Investment and Management Co. (NYSE:AIV), and American Campus Communities, Inc. (NYSE:ACC). This group of stocks’ market values are similar to KSS’s market value.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
OAK 16 130798 1
NVR 22 590787 -3
AIV 16 164712 -4
ACC 17 140709 0

As you can see these stocks had an average of 18 investors holding long positions and the average amount invested in these stocks was $257 million. That figure was $410 million in KSS’s case. NVR, Inc. (NYSE:NVR) is the most popular stock in this table. On the other hand Oaktree Capital Group LLC (NYSE:OAK) is the least popular one with only 16 bullish hedge fund positions. Compared to these stocks Kohl’s Corporation (NYSE:KSS) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

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